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Wholesale & Markets

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ERCOT Proposes One-Time Incentive Payment To QSEs Representing Legacy Storage Resources To Spur Legacy Resources' Implementation Of Advanced Grid Support Capability; Costs Allocated To Load

ERCOT has filed a new Nodal Protocol Revision Request, NPRR 1333, which would create a one-time incentive payment program that would pay the QSEs of energy storage resources (ESR) currently grandfathered from the requirement to have advanced grid support capability to undertake upgrades in order to…

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Default Service Provider Enters 10-Year Power Supply Agreement

Alpha Generation (AlphaGen) announced that it has entered into a 10-year agreement with the Southern Maryland Electric Cooperative (SMECO) to supply to SMECO electricity and capacity from AlphaGen's Keys Energy Center located in Brandywine, Maryland, which is within SMECO's Maryland electric…

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Texas PUC Staff Recommend Modified Schedule To Address Any Future ERCOT Reliability Assessment Which May Recommend Market Changes To Cure Any Reported Deficiencies, To Provide PUC, Stakeholders With Ample Time For Review

Staff of the Texas PUC have proposed a modification to the schedule for reviewing new triennial reliability standard assessments which must be developed by ERCOT, to provide the PUC and stakeholders with more time to review any recommended market changes proffered to address any deficiencies…

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Axpo Enters Battery Storage Swap Agreement In ERCOT

GridStor, a developer and operator of utility-scale battery energy storage systems, and Axpo announced the execution of an Energy Storage Agreement for GridStor's Hidden Lakes Reliability Project, a 220 MW, 440 MWh battery energy storage system located in Galveston County, Texas, which began…

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Texas PUC Directs DRRS Under NPRR 1309 Should Be Developed Without Attempting To Include Energy Storage Resources In 1309, But Stresses Storage's Eligibility For DRRS, And Seeks Start Of Storage Participation Coincident To Start Of DRRS

Issuing guidance requested by Texas PUC Staff, the Texas PUC directed that stakeholders should continue to develop Dispatchable Reliability Reserve Service (DRRS) without attempting to include energy storage resources (ESRs) in the specific NPRRs 1309 and 1310, in order to avoid delaying the…

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